Bitcoin (BTC) fell to a record low versus gold (XAU) in January, making it a better buying opportunity than what preceded the 2015–2017 bull market, analysts say.
Key takeaways:
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BTC vs gold hit a record low, a level that has lined up with past major bottoms.
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Some analysts warn that a rotation to BTC from gold is not guaranteed.
Gold-to-Bitcoin rotation could start in February
On Saturday, Bitcoin’s value compared to gold fell to its lowest level ever after adjusting for the global money supply, data from…